Aena stock: UBS trims target for Aena stock to EUR 29.20

Published on 10/19/2026 at 16:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Next results are due October 28, 2026. Aena stock costs EUR 25.55 on October 19, 2026, down 0.58 percent versus the Xetra close.

Analyst view and trading context

UBS lowered its Aena target to EUR 29.20 on October 15, 2026.
Aena will publish third-quarter results on October 28, 2026.
Aena stock costs EUR 25.55 at Lang & Schwarz on October 19, 2026 at 4:33 p.m. CEST, 0.58 percent below the Xetra close of October 16, 2026.
Aena's price-to-earnings ratio is 17.05 and its market capitalization is EUR 38.4 billion.

Flughafen-Terminal mit Flugzeugen bei Sonnenuntergang, Aena ES0105046009 — Fotorealistisches Bild zeigt Flughafen-Terminal bei Sonnenuntergang, passend zu Aena S.M.E. S.A., ISIN ES0105046009, Luftfahrtinfrastruktur, Illustration mit AI erstellt.

UBS lowered its Aena target from EUR 29.50 to EUR 29.20 on October 15, 2026, while maintaining its Buy rating, according to TradingView. The new target stands 14.29 percent above Aena's EUR 25.55 price. At 4:33 p.m. CEST, Aena stock was trading at EUR 25.55 at Lang & Schwarz on October 19, 2026, down 0.58 percent versus the Xetra close of October 16, 2026 (EUR 25.70).

October 28 results set the next marker

Aena will publish its third-quarter results on October 28, 2026, according to TradingView. The same report said group passenger traffic rose 3.90 percent year over year in September to 37.67 million, while Spanish airport traffic increased 4.20 percent to 31.67 million. Air freight fell 5.70 percent to 125,380 tonnes.

Traffic growth meets higher investment

The operating picture combines passenger growth with a heavier investment plan. TradingView reported that Aena's net debt forecast rises from EUR 6.64 billion in 2026 to EUR 11.83 billion in 2030. That makes the October results important for the relationship between traffic, revenue and financing needs.

Valuation and operating base

Aena's investor-relations page lists fiscal-year 2025 revenue of EUR 6.3792 billion, EBITDA of EUR 3.785 billion and an EBITDA margin of 59.30 percent. The figures come from Aena. The current market capitalization is EUR 38.4 billion and the price-to-earnings ratio is 17.05. The stock's 52-week range is EUR 21.96 to EUR 28.86, placing the current price 11.47 percent below the high.

Comparison with peers

Aena (BME, EUR): minus 0.58 percent, P/E 17.05, market capitalization EUR 38.4 billion. Airbus (Euronext Paris, EUR): minus 2.57 percent, P/E 25.79, market capitalization EUR 153.3 billion. Valeo (Euronext Paris, EUR): minus 3.01 percent, P/E 16.50, market capitalization EUR 3.3 billion.

Trading reference points

The bid was EUR 25.54 and the ask EUR 25.56 at Lang & Schwarz on October 19, 2026 at 4:33 p.m. CEST. Trading volume stood at 543,512 shares against an average of 1,220,475, or 55.47 percent below the average.

The further course of trading is shown by the continuously updated real-time quote of Aena stock.